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It appears that Airbus got the short end of the stick as China Southern Airlines said last week that it’s buying more than a hundred Boeing 737s in comparison to its order of 10 Airbus A330s. Both companies are battling to win market share in China which is forecast to become the world’s biggest market for air travel and passenger airplanes.
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China Southern Airlines Co., Asia’s biggest airline by passenger numbers, said it agreed to buy 10 Airbus Group SE A330-300 aircraft valued at $2.27 billion in list prices.
The planes are for delivery between 2017 and 2019, the airline said in a statement to the Hong Kong stock exchange Wednesday.
To contact the reporter on this story: Anand Krishnamoorthy in Singapore at anandk@bloomberg.net To contact the editor responsible for this story: Anand Krishnamoorthy at anandk@bloomberg.net
This article was written by Anand Krishnamoorthy from Bloomberg and was legally licensed through the NewsCred publisher network.
Tags: china, china southern airlines
Photo Credit: A China Southern Airlines Airbus A330 departing from Amsterdam's Schiphol Airport. Frans Berkelaar / Flickr
